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Pricing

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The USA Rice Federation is the national association for the U.S. rice industry, representing rice growers, as well as more than 75 rice millers, processors, brokers, major rice exporters and other affiliated industries. Because of the constant change in market factors, the USA Rice Federation never makes any price quotation.

There are many web links available with information on current market prices:

FoodAidManagement.org
Chicago Board of Trade
Crop Progress and Condition (posted every Monday)
FASOnline
FAS Online - Export Sales Highlights
FAS Online Food Aid Web Pages
Grading Standards for U.S. Rice
RiceOutlook Reports
Rice Yearbook
United States Department of Agriculture
The Weather Channel
World Market Price and LDP (updated Weekly on Tuesday, 3:00 p.m. Eastern)

 

Price is quoted in cents/cwt
1 CWT = 100 lbs = 2.33 bushels = .0463 mt
1 mt = 2204.6 pounds = 22.046 cwt = 48.992 bushels